Some Factors Currently Exist That Inhibit the Growth Rate of the Chinese

question 55

Multiple Choice

Some factors currently exist that inhibit the growth rate of the Chinese economy.The main reason given is

• A) the introduction of free-market reforms.
• B) the introduction of the relatively new resource of entrepreneurship.
• C) the lack of laws that predictably enforce property rights.
• D) the total lack of governmental intervention in the market place.

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Definitions:

Multiperson Comparisons

Compare one person’s performance with that of others.

Forced Distribution

A performance management system where employees are ranked in groups and a predetermined percentage must fall into each category, often leading to forced rankings.

Paired Comparisons

A statistical technique used to assess preferences or the relative importance of different options by comparing them in pairs.

Performance Appraisal

Performance appraisal is a systematic evaluation of an employee's job performance and productivity in relation to established criteria and organizational objectives.